New Hampshire Revised Statutes 415:20 – Penalty
Current as of: 2023 | Check for updates
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Any insurer, agent, broker or any person, firm, association or corporation that violates any provision of this chapter or any rule issued pursuant to it, or any relevant provision of RSA 161-H, may at the discretion of the commissioner be subject to paragraph I or II, or both.
I. Its certificate of authority may be indefinitely suspended or revoked.
II. A civil fine not to exceed $2,500 may be imposed for each violation. Repeated violations of the same provision or regulation shall constitute separate civil offenses.
I. Its certificate of authority may be indefinitely suspended or revoked.
Terms Used In New Hampshire Revised Statutes 415:20
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
II. A civil fine not to exceed $2,500 may be imposed for each violation. Repeated violations of the same provision or regulation shall constitute separate civil offenses.